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January 16, 2020 City Council Regular Meeting |
Title 20. Motion to Approve a Resolution Accepting a $30,000 Donation from Memorial Health University Medical Center for the Savannah Affordable Housing Fund |
Strategic Priority Neighborhood Revitalization |
Description
Recommend approval of a resolution to accept a $30,000 donation from Memorial Health University Medical Center (Memorial Health) for deposit into the Savannah Affordable Housing Fund (SAHF) to help modest income Memorial Health employees become first time Savannah homeowners. None of the investments made into the SAHF by Memorial Health and other investors are used for administrative costs. The City of Savannah Housing and Neighborhood Services Department and the Community Housing Services Agency, Inc. (CHSA), a non-profit housing corporation, oversee and administer the SAHF.
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Recommendation
Approval
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Contact Martin Fretty, Director, Housing & Neighborhood Services Department, City of Savannah |
Financial Impact $30,000 contribution to the Savannah Affordable Housing Fund |
Review Comments
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